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Tuesday, 18 March 2025

Will the Fed lower interest rates?

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Also: Don't give up your data ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Mar 18 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

The stock market is down sharply from its record high in mid-February and could use a shot in the arm. Don't expect the Federal Reserve to provide the needle.

With the Fed expected to leave interest rates unchanged at the end of a two-day meeting Wednesday, Paul Davidson reports, the drama will center on the number of rate cuts Fed officials now forecast for the remainder of 2025.

How not to give up your data

The news cycle has calmed (a bit), so we are proud to feature some non-breaking news for a change.

Data breaches have delivered so many passwords, birthdates and Social Security numbers to the dark web, the whole idea of protecting your identity might feel like a lost cause. 

But experts say there's still good reason to fight for your data privacy. And here's one way to start: Resist giving it up in the first place

Need a tax extension?

For Americans accustomed to doing things on time, filing for a tax extension may seem like an unusual step. But there are lots of valid reasons you might want to get an extension, experts say – as long as you keep a few key things in mind, Andrea Riquier reports. Here's what you need to know.

📰 More stories you shouldn't miss 📰

Why you're getting a stack of 1099-Ks
Where are the egg surcharges?
Opinion: Immigrants don't 'take' our jobs
How to show your value as an older worker
Plan to work and claim Social Security?

About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

The U.S. Federal Reserve Building in Washington, D.C.. For RPA.    WM/HB

The Fed is set to hold interest rates steady, but with inflation rising amid a slowing economy, it could reduce its interest rate outlook.

The Yahoo! company logo appears on the old New York Times building, formerly occupied by the tech company, as it undergoes refurbishment in New York City, U.S. March 2, 2023.
 

Afraid of a data breach? Don't give it up in the first place.

Data breaches have delivered so much information to the dark web, protecting your identity might feel hopeless. But it's still a good idea.

Don't forget to file your taxes, and if you fear you might miss the deadline, here's what to know about getting an extension.
 

Here's what you should know about filing for a tax extension.

Tax extensions are far more common than you might realize - but there are some important things to keep in mind.

Businessman working at his desk
 

How to show your value as an older, experienced worker

While the law prohibits age discrimination under the Age Discrimination in Employment Act for individuals 40 and older, proving it can be challenging.

Some restaurant chains have implemented egg surcharges amid an egg shortage.
 

Which restaurants have implemented egg surcharges? Check this list

Which restaurant chains have implemented egg surcharges amid an egg shortage? Here's what to know before you go out to eat.

A businessperson holding documents and talking on a phone.
 

Plan to Work and Claim Social Security? 2 Pros and 3 Cons to Weigh First

Here's some pros and cons to consider if you you plan to work and claim Social Security.

Waiting on a 2020 tax return to be processed? If your tax returns from 2020 still has not been processed, the IRS said you should still file your 2021 tax returns by the April due date or request an extension to file.    Tax Forms
 

Touchless payments are easy until tax time. Why you're getting 1099-Ks

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what do they mean for you.

The Mirror Lake Inn Resort and Spa in Lake Placid, N.Y., which hosted the Olympics in 1980 and bore witness to the historic
 

Immigrants don't 'take' our jobs. Communities like mine need them.

President Trump revoking Temporary Protected Status (TPS) visas for Venezuelans risk many of our staff at the Mirror Lake Inn at Lake Placid, N.Y.

LONDON, ENGLAND - MARCH 17: Britain's Prime Minister Sir Keir Starmer (R), shakes hands with Prime Minister of Canada, Mark Carney during a bilateral meeting at 10 Downing Street on March 17, 2025 in London, England. Former Governor of the Bank Of England Mark Carney was sworn in as Canada's new Prime Minister last week after Justin Trudeau stepped down after nine years in power. (Photo by Jordan Pettitt - WPA Pool/Getty Images)
 

Trump says no exemptions on metals tariffs; 'additional' ones coming

President Donald Trump told reporters he does not intend on creating exemptions on the 25% steel and aluminum tariffs that went into effect last week.

USA TODAY
 

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